The average two-year fixed rate rose slightly from 1.99 per cent last week to 2.00 this Friday, shows data from Moneyfacts.

Meanwhile, the three-year fix across all LTVs didn’t move at all, sticking at 2.19 per cent, the average rate for a five-year fix moved from 2.24 per cent to 2.25 per cent and the average 10-year fixed rate stayed at 2.60 per cent.

Two-year fixes

There were two large rises within this area: The average rate for a 95 per cent LTV two-year fix rose from 3.94 per cent to 4.25 per cent and at 90 per cent LTV, from 2.96 per cent to 3.17 per cent.

Movements barely registered elsewhere.

Three-year fixes

Here there was no movement whatsoever at any LTV.

Five-year fixes

At 95 per cent LTV, the average rate for a five-year fix rose from 3.46 per cent to 3.85 per cent – a jump of 39 basis points.

The next largest move was at 90 per cent LTV, where the average rate nudged upward from 3.17 per cent to 3.37 per cent.

Movement at other LTVs was minimal.

10-year fixes

As with three-year fixes, there was no change at any LTV.

Moneyfacts finance expert Eleanor Williams says: “This week has seen a variety of amendments across the residential mortgage sector as lenders continue to adapt to an evolving landscape, with rates being tweaked across various ranges and criteria changes such as to incentives and maximum advance amounts continuing.

“As well seeing some lenders make rate increases across selected parts of their ranges, the higher LTV products continue to make up a fluid part of the picture. There have been some specialist product options launched in the top LTV tiers with Furness BS standing by its principles as a mutual and launching 95 per cent deals for those within its local area.

“Buckinghamshire BS has also enhanced its Family Assist range with a 100 per cent LTV product for those who have a family member able to help them secure the mortgage.

“We have also seen lenders such as Accord and Yorkshire Building Society needing to withdraw their 90 per cent products this week after experiencing unprecedented demand. This may well be a continuing theme as until more providers are able to return options to this popular sector of the market it seems difficult to balance the level of consumer need with operational capacity.”